In January 2017, there were three homes sold, with a median sale price of $394,500 - a 19.2% increase over the $331,000 median sale price for the same period of the previous year. There were four homes sold in New River (unincorporated) in January 2016.
The median sales tax in New River (unincorporated) for 2017 was $2,382. In 2016, the median sales tax was $2,158. This marks an increase of 10.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.6%.
The following table compares New River (unincorporated) to other Maricopa County cities with similar median sales prices in January 2017:
| City | Jan. 2017 Home Sales | Jan. 2016 Home Sales | % change (Total Home Sales) | Jan. 2017 Median Sales Price | Jan. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Gilbert (unincorporated) | 1 | 0 | - | $585,000 | $0 | - |
| Carefree | 12 | 6 | 100% | $557,500 | $527,500 | 5.7% |
| Rio Verde (unincorporated) | 7 | 5 | 40% | $535,000 | $460,520 | 16.2% |
| Uninc-85375/Sun City West | 1 | 0 | - | $516,000 | $0 | - |
| Litchfield Park | 8 | 15 | -46.7% | $425,000 | $360,000 | 18.1% |
| New River (unincorporated) | 3 | 4 | -25% | $394,500 | $331,000 | 19.2% |
| Cave Creek (unincorporated) | 7 | 6 | 16.7% | $394,000 | $484,950 | -18.8% |
| Scottsdale | 521 | 441 | 18.1% | $392,000 | $360,000 | 8.9% |
| Goodyear (unincorporated) | 1 | 0 | - | $349,000 | $0 | - |
| Peoria (unincorporated) | 2 | 1 | 100% | $345,450 | $419,190 | -17.6% |
| Fountain Hills | 58 | 75 | -22.7% | $342,500 | $300,000 | 14.2% |
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